Ardor (ARDR) Trading Down 13.2% This Week

Ardor (CURRENCY:ARDR) traded up 5.2% against the US dollar during the twenty-four hour period ending at 15:00 PM Eastern on July 22nd. One Ardor coin can currently be purchased for about $0.14 or 0.00000426 BTC on major cryptocurrency exchanges. Over the last week, Ardor has traded 13.2% lower against the US dollar. Ardor has a market cap of $137.31 million and $7.64 million worth of Ardor was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

  • Algorand (ALGO) traded up 4.7% against the dollar and now trades at $0.78 or 0.00002424 BTC.
  • Avalanche (AVAX) traded up 4.9% against the dollar and now trades at $10.84 or 0.00033579 BTC.
  • Elrond (EGLD) traded 6.7% higher against the dollar and now trades at $78.86 or 0.00244284 BTC.
  • Theta Fuel (TFUEL) traded 4.5% higher against the dollar and now trades at $0.28 or 0.00000864 BTC.
  • Helium (HNT) traded up 7% against the dollar and now trades at $11.08 or 0.00034329 BTC.
  • NEAR Protocol (NEAR) traded 10.9% higher against the dollar and now trades at $1.93 or 0.00005969 BTC.
  • Kava.io (KAVA) traded up 10.7% against the dollar and now trades at $3.97 or 0.00012284 BTC.
  • Divi (DIVI) traded 1.9% lower against the dollar and now trades at $0.0416 or 0.00000129 BTC.
  • Wanchain (WAN) traded up 1% against the dollar and now trades at $0.50 or 0.00001534 BTC.
  • Energi (NRG) traded 0.9% higher against the dollar and now trades at $1.54 or 0.00004766 BTC.

About Ardor

Ardor (CRYPTO:ARDR) uses the hashing algorithm. Its launch date was January 1st, 2018. Ardor’s total supply is 998,999,495 coins. The official message board for Ardor is nxtforum.org. Ardor’s official Twitter account is @ArdorPlatform and its Facebook page is accessible here. The Reddit community for Ardor is /r/ardor and the currency’s Github account can be viewed here. The official website for Ardor is www.jelurida.com/ardor.

According to CryptoCompare, “Ardor is a multichain blockchain platform with a unique parent-child chain architecture. The security of the whole network is provided by the parent Ardor chain while the interoperable child chains have all the rich functionality. This elegant design and access to hybrid user permissioning capabilities are the key to the flexibility necessary for a variety of use cases and opens the door towards mainstream adoption of blockchain technology. Not only that – Ardor is created with scalability in mind and solves many existing industry problems such as blockchain bloat, single token dependency, and the need for easily customizable-yet-compatible blockchain solutions. Where did Ardor come from? Ardor is being developed by Jelurida Swiss SA, founded in 2016. The company started upgrading Nxt blockchain system and created Ardor to provide a platform for facilitated and accelerated transactions. The platform obtained a good reputation among users, analysts, investors, and experts. Ardor’s mission is to form a universal, user-friendly, and easy crypto platform facilitating different concepts implementation. Jelurida worked on creating ways to allow each third-party developer to make his own projects. The platform’s authors presented a smart contract technology that is completely different from Ethereum although some parallels are made between them. What are the advantages of Ardor? All child chains have their own native tokens, used as a unit of value and forpaying transaction fees, and a variety of ready to use features;Scalability is achieved by pruning of the unnecessary child chain data once theyare included in the permissionless Ardor parent chain, preventing the "bloat" ofthe network;All child chains are connected and share the same source code, ensuringecosystem interoperability that allows child chain token trading to one another ina fully decentralized way and transactions on one child chain to access data orentities on another.”

Buying and Selling Ardor

It is usually not currently possible to purchase alternative cryptocurrencies such as Ardor directly using US dollars. Investors seeking to trade Ardor should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ardor using one of the exchanges listed above.

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